Intercontinental Real Estate Corporation has a storied history dating back to its founding in 1959 by Petros A. Palandjian. Originally established as 'Cosmopolitan Construction,' the firm focused on contracting and engineering, undertaking a wide array of projects from roads to educational facilities. As the company evolved through the decades, it transitioned into a fully-integrated real estate investment and development firm, leveraging in-house construction capabilities to enhance its competitive edge.
Today, Intercontinental has made its mark in private equity real estate investment management, boasting over $11.5 billion in assets managed, developed, or owned as of the end of 2024. The company's strategy emphasizes institutional quality, delivering risk-adjusted returns while maintaining a commitment to transparency, communication, and client service. Intercontinental’s portfolio is diversified by property mix and geography, actively pursuing investments in Core, Core-Plus, and Value-Add properties.
Moreover, Intercontinental emphasizes giving back through its charitable initiatives established under Intercontinental Charities, contributing over $1.1 million to various organizations since its inception in 2007. The company has expanded its footprint across major U.S. cities, reflecting its continued growth in client demand and portfolio size. Leveraging decades of industry experience, Intercontinental is dedicated to continuous improvement and excellence in the real estate investment sector.
